Tata Motors (TTM) bet its no-frills $2,600 Nano would be a hit. As it turns out, half of buyers...

|By:, SA News Editor

Tata Motors (TTM) bet its no-frills $2,600 Nano would be a hit. As it turns out, half of buyers booked the top-end model, which costs 40% more, while just 20% have ordered the basic package. This means bigger margins for Tata, and less chance of a price war with Toyota (TM) and Renault.